Yo-yo yo what up, what up? Good morning.
Good morning GMG. Oh look at what date is June
20/24/04. Look at that another beautiful
day to have a beautiful day. I got my Co host to the house,
Tyler. Tyler how you doing today?
Good morning. We're feeling good.
There's green all over the board here this morning.
It just feels like we're back. The market's alive.
It's the sun is just shining outside.
We're feeling good today. This bucket's alive.
Sun is shining. That's that's my boy.
Hell yeah. FOMO.
Our episode 130. Holy shit, man, these episodes
are. How are we already at 130 bro?
That's why. Jesus, just with you.
It's already probably 10 dude like almost 15 maybe think about
that it's like higher higher. Let's go.
We're going to see 500 of those together and this is insane
Wait, why was I kicked out from the phone wire account dude,
it's crazy how this app still does all these things.
Well, OK well, let me try and come up here from the phone wire
account and see if it works anyways.
Whoa whoa whoa whoa, whoa, whoa hold on Oh my Bluetooth is on.
That's why I had that sorry y'all sorry sorry, sorry.
There you go. I have to say yesterday.
So I never ever ever ever go back and listen to the show or
watch the show because I feel weird watching myself.
Never did yesterday I went back to to the to the to the spaces
and then the audio on that SM 7B is so smooth.
This is not an ad. We are not sponsored sadly by
Shore Microphones. I wish 'cause you know, we, we
could, we could definitely get a, we could definitely use a few
more microphones, but we definitely spent quite a bit of
money on them. But but you know, they sound so
smooth. It's all dude that what is it?
The the base on it. It's so nice.
I love it.
I love. It they're fantastic.
Wow wow your wife ever tell you sound nicer like that or?
You say you barely, you barely rewatched the shows.
I'm not sure if she's watched or listen to any.
Of them at all? Maybe even that.
Do kids know that you're kind of a big shot?
Tyler in in the in the space. Oh, I mean Big Shot is an insane
stretch, but they they will try to crash shows every once in a
while when they are home sick. So we'll see.
We're 15 shows in over under before like my daughter tries to
make her first appearance is probably like show.
Fist, I love that. I love that.
Let's go. I love that.
Noel was asking what am I called?
SM 7B. That's what it's called anyways.
All right, sponsor us. Sure.
Anyway, so the other show. Oh, oh, oh, oh, wait, wait,
wait, wait. Just in time, Just in time.
Doug. Jesus in the house.
Mando, good morning. How you doing?
Hey guys, sorry I'm a bit late. You're good.
How you doing? I'm doing great.
Doing awesome. What about you guys?
Phenomenal, phenomenal. We're doing great.
I mean, our, you know, our runes are pumping, our, our puppets
are, are pumping. You know, are the Bitcoin echoes
rolling? You know, Bitcoin's almost 70
actually gonna hit 70K in this show.
Again, we're fiving. Fantastic.
Life is good, life is good. Anyways today was show today.
Today, daily market report, I show crap to crap crypto, all
that good stuff, yadda, yadda, yadda.
We're feeling good. You have Tyler's top five.
Let's see what Tyler's got in store for us.
I have a feeling it's heavily related to Solana meme coins
again. And you know, a bunch of cool
stuff happening, notably rec brands.
Rec brands share claim. Let's go.
I got to, I got to, I got to claim my shares.
I can't wait. So we're going to have to talk
about that today. We have to.
It's a big day, big, big day. I'd love to see that.
Shout out to OV for making sure that you can use delegate cash.
Hell yeah. So I'll have all of my minted
red guys. Should I now get the claim for
ownership over red drakes? Let's go anyways.
And then last but not least, we'll be joined by today's show
partners. Happy marmots.
Oh yeah, talked about Hike to Earn and RW AS Putin one talk
about a narrative. Can't wait, can't hear to wait
to hear that one. But you know, we're big on
health here. So we're gonna we're gonna we're
gonna chat with them and then again after that Robit spins.
It is Tuesday after all. I I created a nice little, you
know, selection of four new punks.
You know, my ladies wreck guys, you know, fresh out of the fresh
out of the floor some really nice ones.
And as usual, this show is powered by Wunpei and fair side
networks. So to buy and sell crypto with
PayPal down the moon, Pay app and fair side network, Fair side
world coverage for drains, scams and more.
But anyways, anyways, anyways, without further ado, let's get
right into it. Who is the man macro daddy of
the land? Can you dig it?
GM everyone yeah, I just kind of came back so I I kind of missed
what was going on, but it does feel as though the market's
looking a little bit better. Kind of unchanged, I would say
since yesterday you have Bitcoin hanging out just below 70 Ki
think we were around that level. Oh, actually we've just hit 70
K, so that's nice. ETH is slightly underperformed,
still below 3800 and then SLANG has had a little bit of recovery
over the last 24 hours. So that's just under 170.
The main music yesterday, to be honest, in terms of like what
was going in macro was just this roaring Kitty stuff.
Stocks were going to open slightly weaker today, but
there's no real thing that's like that's thrown us off
course. Some talk about people getting
scared about growth and India, there was an election which
meant that U.S. stocks, sorry, Indian stocks dropped, but
nothing crazy. It's been a quite quiet day I
would say for Macro, apart from the Roaring Kitty stuff.
What happened there is AMC and and GME were up, then they
closed only slightly up and I think everyone's looking at at
Roaring Kitty's positions now and being a little bit more
worried for him. Because he didn't say anything,
right? Like nothing.
He didn't say anything and he's, you know, catching a few more
strays about the market manipulation stuff that we were
talking about yesterday. His number one hater.
That's why I'm pulling up keyboards.
Oh really? Keyboards?
Keyboard has become the voice of Roaring Kitty like he's like the
face of it. Well, I think you have, you had
Citron Research came out and basically called him out for
basically having a fund like you said or having more money than
he's giving up on here. And you've had the trading
platform, which is section Morgan Stanley, which is what
he's trading off so that they might remove him for market
manipulation. And there's one other thing.
But like, yeah, this, he's definitely under a little bit
more pressure this time, let's put it that way.
Yeah. I mean, I don't like these guys,
these. Guys, yeah, we, we don't, I
mean, we don't like them. We're we're, you know, we're,
we're for the people here. I, I I was nagging on KBM
yesterday, man. I was saying you hating on our
boy. You know, he's you know, he he
he he he he's laughing. I just said in the stream yard
lake, right. Oh yeah, Kobe here.
Come tell us what's going on with Warren Katie.
Oh my. But yeah, so anyway, so there.
So that's that's that's the post, right, Mando.
What made Keith Gill AKA Katie interesting initially was his
authenticity. He shared a detailed investment
thesis and put his money where his mouth was, which was
combined with high short interest in restless country and
boom, investing history. This time it feels different.
So this time it's different. Classic.
This time they said Yo Sidrar research says this time is
different yeah, new paradigm and anyways, we're trying to call
him out saying he's like doing market manipulation and you're
right. I saw the things E trades, right
E*Trade E trades Amanda Morgan Stanley's platform that trying
to to to kick him out. Kick him out.
You know that blockchain fixes this question for you, Mando.
Did we end up finding out what happened yesterday on the stock
market with all this Warren Buffett stuff and all the stocks
being down like 99.7, like it was a bug in the system?
I didn't look into it more than it was bug in the system and
then it got fixed. Sometimes with these things you
find out like many, many weeks later that it was some sort of
cyber attack or they all the trades that happened from the
glitch got cancelled and reversed.
I don't think there's yet been. 100.
Percent about what happened, but who knows, you know, this, this,
that would be a prime if you're, if you're trying to cause damage
to the US, that would be one of the first things I'd go for,
like trying to trying to. So maybe they maybe we'll never
know what happened. Do you know what I mean?
Like there could be a national security thing, which they say
was a glitch, but actually somebody tried to have a go at
the US. Maybe China's just firing a
warning shot around Taiwan, who knows?
So yeah. Who knows?
Please, please chill. No, I mean that would be.
That Tyler going. Yeah, yeah, of course.
Yeah, That's, you know, chill. You you too chill, Tyler.
OK, you guys, we don't need no headlines like that.
I don't need no like China behind the Wall Street, you
know, all depends hack Warren Buffett's network with Taiwan.
No chill. Interesting.
There was a lot more drama about that random that random like
ship that that smashes the bridge in Baltimore, right.
Obviously people died by died in that attack, but there's a lot
more conspiracy theories about that than there was about
yesterday. I didn't see that many
conspiracy theories about yesterday.
But if I was to think, oh, you know, what could I cause damage
on it would be to do the exact what happened yesterday at the
in the newer Stock Exchange. So who knows?
In full hats on. We even got hold on.
I got The X-Files song for you already.
There we go. I see where we're going.
Oh, yesterday. I'm telling you, Iran, Iran did
this a few years back. Why hold on, why you calling
after my people for? Because they publicly said they
did this, you got to talk to them and they they did it back
and said don't, don't do this anymore.
Like they did it with the power I think, right?
You, you got, you even got, you even got, you even got keyboard
monkey right now, messages saying Mando's saying China
hitting the system. He's crazy.
I'm not going to. Lie my first thought yesterday
My first thought yesterday was this is a cyber attack.
Right. Yeah, that's what it is and
we're never going to find out. But luckily it doesn't seem like
there's much of an impact. But I maybe it was right.
I'm surprised there hasn't been more chatter.
It really hasn't been much tinfoil hat theorizing.
And like the Baltimore, Britain still had way more.
Yeah, right. Like you had Andrew Tate coming
on and just being like, no, it didn't hit that bridge.
Was he, was he talking about this time like this?
This probably caused billions of dollars of damage.
Yeah, I, I don't know. But I mean it says on on on on.
No, that's an article from Sorry I can't Google the news in
Canada. I forgot anyways so I was going
to Google. It so wild.
It's crazy. It's a crazy thing, right?
Like I do you want that title? So wild.
You can't Google the news in Canada.
You can't even consume news on your Instagram or Facebook or
any social platforms. What do you mean there's there's
no results? No, like the results are from
like a year ago or three years ago like they're like so for
example, even here, which you could say it's good or bad.
If I go to CN NS page here on Instagram, unless they got to
resolution, they don't seem they have.
So it doesn't load here. It says you can't view the
content of CNN in your country. Canada's blocking news flow to
its. Yeah, So, yeah, people in Canada
can't see this content. In response to Canadian
government legislation, news content can't be viewed in
Canada. Learn more.
I'm not even making this up. That is absurd.
You know what? No crypto news gets through this
for some reason. So the Crips rock radio, you
know, Yeah, take that, take that.
Anyways, Anyways, that's not what we're here to do.
All this political. Oh, my God.
Canada, China, China, all this stuff.
You guys got to stop with that. Tyler, we're going to your top
five. I need some.
I need to get out of this whole, like, conspiracy theory shit.
I don't have my tinfoil hat on this morning.
At least it's, it's somewhere in there.
I didn't put, I didn't take it out.
Major comes in, you know, ball swing.
You know, China did this. Iran, Iran, it's Iran.
It's always Iranian. Dude, the.
The Iranian president has died in pretty suspicious
circumstances. I would be very unsurprised if
shit's going down between them that we don't even know about.
You know, like, like this because you have an Iranian, an
American, a Brit talking politics on on on a Tuesday
morning. I love that on Twitter.
It's based on all places. Where's Elon?
Where's Ian Miles Chung? Get Mario novel in the spaces
right now. Sims, Hit him up.
Let's go. Let's go.
Let's get it going. What actually?
Happened. Where's kim.com?
Let's get kim.com on here. Yo, kim.com used to always be
with us on clubhouse bro. Like I remember Cole seeing his
first ever clubhouse appearance. Hilarious dude who's Chris's
lawyer was on stage with us. Ira Rothkin chat to IRA's cool
guy and he would like have to like review all the questions
people went to ask in live. Like yeah dude, anyways, we've
come a long way since then. We've come a long way since
clubhouse during the COVID days anyways, so that's good Bitcoin
70 K love to see that we're about to hit.
You know we're still in this astrologist would call this a
bull Pennant Mandos Yeah, I'm much keep repeating it here.
So this is what they call a bullish Pennant.
You know you. Find the breakout.
You know, wait, listen, I I'm personally I'm not because my
bags are packed and we're going to talk about those with Tyler
in a minute. Big talking Bruins and Bitcoin,
I'm sure. But but you know, with the
people will at 100 K 100% they're going to love Bitcoin at
100K. Oh my God, you dude.
You know what's better than ETH at 3789 all time high like my
lips over that $4800 ETH Love that.
You know what's even better? Not so long at 166.
So Lana a 270 dude. So why 5000?
I'd love to buy that. Yeah, that's where you buy that.
Anyways, that's another series from Tyler.
Full Jelly, NFT and crypto analysis Tyler did on FOMO.
Our calls. The kid can't.
And right, top story, top news. Bitcoin runes and ordinals are
just absolutely soaring after the dog token passed $900
million in market cap and seems destined for 1 billion.
Next up, a trader bought 10,000 soul worth of GME on Solana in
one clip. That's $1.6 million after the
news spread that E traded threatened to kick off Roaring
Kinney from its platform. Our friends over at Wrecked
Brands, they opened up their shares claim for Wreck Guy and T
holders yesterday. That was huge news.
We saw base bringing back on chain summer over $2,000,000 in
rewards lined up for that program here coming.
Optimism is chipping in as well. And then Dapper settling a
lawsuit confirming that top shot moments are not securities.
So that was pretty big news, Brooke.
We're gonna go with a few more. So we're gonna more like a top
seven. Today we saw Pac-Man PAC Moons
complete their AirDrop 4 event. They distributed 1,000,000 bucks
to the community. The market liked it.
The PAC token is up about 4% on the day to 53 million in market
cap. So no token dump there.
And then Fancy Top did introduce a new burn mechanism allowing
holders to burn two hero cards, receive one different card of
the same rarity. It did work.
It did raise the overall floor by about 30%.
So that's the quick round up. Wow, that's a quick roundup.
What a roundup this morning. Sorry guys, there's a little bug
on Twitter right now. That's what there we go we're
back. What a what a roundup.
I mean, seven. I'm going to chop 7:00 this
morning. Sheesh.
The this pace is popping. Let's start from the top here.
Let's start a Bitcoin, you know, as Bitcoin literally just hit
70,000 United States dollars. I absolutely love to see that.
Like I said, 100K. It's gonna look so bad.
So, so nice. Anyways, Bitcoin ruins
everything. Dog talk to me.
What's going on there? Runes and Ordinals are so, so,
so back. They've staged a major rally in
the past week, highlighted by some major gains in the past 24
hours. We've got Dog go to the moon
leading the way up 23% to a whopping 935,000,000 market cap.
It has been up only 1 billion now, squarely insight less than
a 10% move to get there and and Dog is dragging the rest of the
runes market up with it. Some other notable movers on the
day. We have RSIC up 19% to 250
million, Pops up 23% to 200 million, This Bank of Nakamoto
up 27% to 63,000,000. This Lobo token up 45%.
Several other lower end ruins were up 30 to 60% on the day.
But it wasn't just the runes that pumped.
Ordinals have seen a major rebound in the past week as
well, likely on the back of this runes movement in the past week.
Puppets at .195, that's 90% off the bottom node Monkeys at .289
Bitcoin, they're up 45% off the bottom.
Quantum Cats and OB both up about 20% off the bottom as
well. It looks like last week, May
27th, 28th. Fingers crossed may have been
the bottom on some of these ordinals we will certainly see
as these start to progress. Wow.
What a what a roundup. I mean, who could who could have
thought, right? Like literally when the posts
started coming out saying ruins are dead and was a fad and
ordinals are done. As soon as that started coming
up, prices started going up. Sorry.
Going up. Sorry.
Oh, wait. Do you have a do you can hear
me? Oh, my.
No, hold on, I think. There you go.
Are we back? Check, check, check. 1-2.
We're good. Can you guys hear me?
OK, we're good, we're good. And so that's that's wild.
I mean everybody was trying to mark them dead.
We're all three of us actually talking about this last week
when we they were there about .1 Bitcoin and we're all saying
dude, like this is like it's just normal stuff.
Shout out to base carpet again and you know who moon overlord
these guys are like these guys are like fucking, you know, Boo
Boo, singing the living shit out of out of ornamos every day, and
I absolutely love it. I mean I got to give it to
Moonier Tyler unpost of it. Roon June.
First of all, I love new narrative just dropped, just
like how you invented narrative last week.
This was a great narrative. New narrative just dropped.
Now I go Roon June, so love to see that and the other one.
I mean what a tweet I got to find it.
Ah man, I, I, I, I got to find that.
I don't know where it is exactly because we all do tweet quite a
bit, but but it was talking about about ordinals.
He did say bacon punks were $500,000 each last cycle.
Bitcoin is 3X dollars in each. You do the math.
So let's see where that takes us.
But a billion dollar token on the on bacon is not bad.
There it is this one. Ordinals are dead, runes are a
flop. He goes the absolute moron, you
utter buffoon. OK, they gave you something to
buy for the first time in 15 years of Bitcoin's history and
you tweeted the entire ecosystem is going to 0 instead of buying
the one of the easiest layups of the cycle.
I mean, what do we think about this this take here?
Do we think that Bitcoin Eco was and or is the biggest layup is
the cycle? I think so.
So I think the, the core thesis is that this is the first time
you've ever had, you know, a way to make more Bitcoin with your
Bitcoin besides just going levered long trading the the
native token. So you've got you've got or
it's, it's a paradigm shift on this blockchain.
I think what what's what's happening now is like FOMO is
back. Like there there was no FOMO for
the the last four to six weeks. Everything was down only, but
now because of the runes market, we've seen some of these lower
end runes really start to print large multiple returns and I
think that's bringing traders back into the ecosystem.
New walls. I was looking at the data.
There's about 30,000 new wallets interacting with runes on a
daily basis right now, somewhere between 20,000 and 30,000.
The returning numbers aren't aren't as great.
So the like your average daily is actually ticking down right
now, which I thought was interesting.
But new folks are coming like myself, I feel like that
anecdotally, I came back from basically a ruined slumber.
I didn't really trade since the first week on new tokens, just
kind of holding the ones that I already had.
And I started going after some of the the newer launches in the
past week. And I think more folks are doing
that just because we see these gains.
There's momentum here. It's just a more interesting
market to trade. Yeah, I mean, look, it's great.
I mean, when the prices are up usually is when like we're just
making jokes about Bitcoin and Ethan stuff.
But usually when price goes up is when people like to come and
buy things. So, so you know, if you didn't
like Bitcoin puppets at .1 love it at, you know, half a Bitcoin,
but look like it's it's looking good across the board here.
And you'll have to see with pups back above 200, like you said,
RSSC back of about 2:50-ish, then dog at at at a billion.
I mean man, do you think, do you think the the Bitcoin eco is the
biggest lay up of this cycle? Yeah, I think people were just
guessing when if it was still was.
Yeah. And that was that was the
question. I mean, I think you're part of
the way into the trade. No doubt in my mind.
You know, some of these have even when we spoke about PUPS,
right? For some people, PUPS has still
been an insane trade, even with it being down this much.
Yeah, there have been genuine 100 to 1000 XS there.
So I think, I don't think runes is going to overtake other meme
coins, just just, it still feels too janky for people.
I think people thought they'd be like, we didn't, we didn't know
until it started trading. But there are things about
Bitcoin which will always make it a bit more difficult to
trade. And I don't think people think
people refer faster, easier chains to interact with, just
like by nature. But I do think that these
original ones could have some could somehow have some value
for them for sure. And we spoke, we spoke about it
on this show. Like it did feel like the time
to buy them, right? They're not they're I, I'm
telling you, they're all going to be here in a year.
So and if Bitcoin goes to 150,000, they could all go up a
lot, go up a lot in that period. But I, I'm not, I don't think
they're 100X or 10. Maybe even I don't even think
they're 10X trades ready from here.
It's more like single digit multiples.
I think you're you're aiming for with some of these.
Yeah. I mean, look, it's feeling good.
It's feeling good. We like we like to see a
different ecosystems get their time right.
You have the time for all the Solana memes.
I mean example, you said GME someone dropped a 10,000 sold
clip $1.6 million, buy Wicks it to $300 million and obviously
goes down. But then you know what happens
next? You got to feel the Wick.
You know that that's just that's just part of the game.
You know, we that that that reminds me of WIF.
Remember WIF that cycle not last like a few months ago when
someone wicked it to what was it $3 and then it it failed it
$30.00. So are we getting the same vibe
here? Maybe, maybe not We'll see.
We'll see what happens after. And then the mother token Tyler,
I mean, I am fully fully coping here.
I mean, that's target 100 million cap.
What does that mean? What does that mean?
Does that mean that does that mean that other does that mean
that you know, does that mean that it's going to start
guarding more attention or what? You know, Meadow, I'm seeing you
like dropping announcements like every other 20 minutes right now
on the timeline. Love to see it.
But what does this mean? Like how's the soul eco going
and everything? Like how's it going over there
right now? Who's that to to you?
To me, you are my favorite. Yeah, look.
I think, I think we spoke about this yesterday like he's done.
Sorry Iggy. I think she's doing another burn
or something like that I saw today.
So maybe that's what caused the extra pump.
Look, I would say that it's difficult to keep up hype in a
meme coin. So and it's really going to come
like a cost benefit thing for her.
I think she's she's done better now than any other single
celebrity coin has ever done. In fact, any other celebrity
project has ever done, she has done better.
Wow, big claim. But she has like into like what
are the what are the celebrity project apart from maybe some of
the collab drops that were done. But even then, like they felt
more valuate. They, I don't know, they didn't,
I didn't get to these sort of levels of market cap.
There's no doubt in my mind. So I think whether whether this
was perfect or whether this was like purely Web 3, which I don't
think that this was. I think she's, she's been the
best of a bad bunch. And I think we've got to kind of
give some credibility there. Yeah.
She she isn't posting every single, you know, hour or so
about this thing. And seemingly if the if the only
fans thing is true, like maybe she's trying to integrate it
into more of the things that she does.
So maybe it's a bit more of a long term project.
I still think it's going to be insanely tough to keep up
momentum in something like that. It does feel, but I don't think
maybe you don't maybe who cares? Like I'm not I'm not here to
like pass judgment about like whether she can't really be
responsible for people just wanting to DJ.
And I think 100 million is, is a very good effort.
And yeah, be around that sort of level and then even pushing on
high would be would be insane. So I don't know, I think it
should be. If I was a trader right now, I'd
definitely be more cautious at some level.
And that's just me being a trader.
Like, don't come at me, mother holders.
No, no, no, no, no, no. We like 100 million that is.
We like the point. We.
I, I, I love these things. I love these things, yeah.
You know that with every coin, right?
Like think about, think about MFA coin, right?
Like that that that's got a really vocal community and hangs
out at 50 to be 100. You know, you've got to you've
got to have a lot of people who are really, really love Iggy
Azalea. So I think that's going to be
tested. I think she's done really well
to keep the hype up and I think it'll probably stick around.
But now I think it'll be more difficult.
Like if this drops 50% or drops 40%, it's going to be, that's
going to be the real question here, like does she stick around
if it goes lower? I mean, the other one that's
done really well and I'll go to Utah all that because you
brought it up first. It was two weeks.
It was Zach like that Zach thing like went up crazy to 100 mil.
Lando went down about 50 more than 50% right Tyler like 60%
almost and also on his way back up to six near 70 million.
Like what do you where are we at right now, Tyler in the in the
cycle of celebrity coins. How you?
How you feeling about it all? I think it still has legs.
What we've seen with the Zach token and I've started to see
this a little bit more of a trend with some of the cent
batch of the soul meme coins. Did you get that like 70%
retracement? And that is the the trigger to
buy on a lot of these, right? That's when you start grinding
back up. Like it happened with Zach.
I've seen it happen. It happened with mother actually
very quickly. We've seen it happen in a few
places. And like with the the Zach guy
and like him or not, I mean, he tweeting out this once every 25
minutes, like maybe once every 15 minutes.
Like he has not stopped. He has not slowed down.
He's clearly making it his like entire personality right now.
And Iggy is doing something similar.
So like they are they're actively driving their their
tokens forward. Like what also stands out is
there's not a whole like this new sector isn't that diluted
yet. Like what if you want to buy a
celebrity token to participate? Like what are you going to buy?
You're not going to buy jitter. Are you going to buy DeVito or
are you going to buy Floyd? Like they're dead already.
So like. Sorry, Zach.
Zach. Actually, Zach Morris.
It's not right. Yeah, no.
It's trying to. Bloke.
It's the stock P&D guy who, yes. Zach Morris.
Right, but it's not the the actor who played Zach.
Morris No, no, no, no, no, no, no, no, no, no, no, no, no.
He's he's a no, no, no. It's the stock guy that.
We're talking about like a celebrity going it's just some
random guy who he's a pretty gun for, like, well.
He's. A fraud.
So I just don't know if he's a celebrity.
Well, he's a stocked twit celebrity.
Like he's a stocked twist. Like he's.
Like. He's like on the back.
Fuck this thing on the back of like the whole roaring Kitty
round one in 2021. Like he God damn it my thing he
got really popular. No, I just, I didn't know if we
were getting confused here that I wouldn't call that celebrity
coin. I would just call that yes I.
Mean it's an influencer coin, it's a social token if you wanna
talk these. Yeah, I've seen this social
token is like a broader name for if you're betting on the lines
are blurred a little bit. Yeah, it is quite blurred.
That's interesting. And Speaking of Speaking of
Speaking of equity, Speaking of coins, Speaking of celebrities,
I mean OSFOSF, quite the quite the local hero, quite the local,
you know, Macronish celebrity announced yesterday from the red
drinks account that he he he gave equity to the red guy
holder. So you guys announced that quite
a bit ago, Mando. And you know, it obviously takes
time and in a hit, in a hit, now people can claim their their
shares. I saw that in Tyler's top seven.
Look at that. You made it top 72, probably
made it to Mando minutes. So that's a double whammy.
I mean, Mando, did you did you help a lot in the back end with
this? Like how tough was this man?
It sounds like it was a lot of work to get there.
It is a lot of work because obviously that you have to dance
through certain rules and regulations around this.
There are certain things that played in our favor.
You know, it was a free mint and we didn't, this wasn't a
Telegraph before we gave it to anyone.
So at the same time, like very, very, that really played into
our hands. Like if it had been a pavement
and, or people had known about this claim coming forward, then
then we could have been more difficult.
But yeah, it does take a while. Like obviously you have to set
up like a foundation and, and, and set things up in the right
way. And yeah, it's, it's not, it's
not the easiest thing to do, do correctly.
That being said, like I and I think that's why they get left
behind. Like it's so, so easy.
Just think about what the the alternative here could have
been. Like OSF could have just like
done what other hot founders do and they just raise money and
you know, no, like he could just raise money independently with
the brand and no one had got anything.
And, you know, at the end of tea holder, you get to maybe benefit
from the idea that the brand gets bigger, but not like now
everyone gets some equity in this and it's rec brands, right?
Like you could, we could end up doing a ton of different things
with that. So it's actually the full rec
brand that owns the IP, owns the logo, owns, you know, key
assets. So yeah, it's it is a big thing.
Rec drinks is obviously going to be the the main thing that we're
going to do. And I think it'd be interesting
to see how this goes, you know, as a drinks business now you
have thousands of people that own it.
You have like almost like a viral slash very, very strong
community who are there who could be the marketing for it
essentially, or can be your sales people for this.
And we have various who all have like a vested interest in this
doing well. Like how many brands start like
that? Only really Kickstarter start
star brands start like that, but they don't have that sense of
community around them. You only have the sense of like,
like, you know, identity and, and which I think this has.
So it's like a it's like a Kickstarter on steroids.
That's the way it's. That's the kind of way I view it
like you. Can read this.
Spiral here where people people can really want it to do well
and and they have that attachment to it, which is just
goes beyond just the money. So I think I think it's got a
really good shot with with a drink and, and just generally as
a brand company, like let's see what what we can do with this
thing. So yeah, I'm, I'm excited.
I don't know OSF excited about it.
And I put out a post yesterday. It's been like, yeah, like I
know people in this space can be a bit PvP, but if this works,
this will be really good. Like people will then be like,
right. This is how we could potentially
do it in the future. And NFC holders won't be sitting
there being like, you know, I got left behind.
You know, you could argue some of these IP businesses, some of
these businesses have really, really well in terms of pushing
out the IP. But the benefit, like the people
who have really benefited have been the founders themselves.
You know, like Artifact would be a good example or, or a few, a
few others where like they've done really well with the
business and like getting it into big hands.
But like the founders have really been the one who who've
won that scenario. Yeah. 100%.
Yeah, I think that we should be. This hopefully would be a new
model. Let's see where it goes.
Like the website's nice.
There's a form C offering circular.
Did you go through it, Tyler? There's like all the investor
education, like, you know, like, did you go through all that
stuff? Tyler?
Did you claim your shares? I I did.
I haven't gone through the climb yet.
I still need to do that. It takes 2 seconds.
I just tried on the show and it was like popped up done.
Yeah, we'll do it right after. I think it's exciting as a whole
or the the big question from any 2021 era project is OK, like
what's next? Like what what are we going to
do with with this? And here like now we know right
it, you know, may not know stuff or or driving this brand forward
into the physical space, physical products, expanding the
brand. It's exciting.
Like why? How?
How could you not be excited about this?
Yeah, dude, I mean, I I love this I I love it.
I I I'm all for it. So I'm going to claim it says
I'm gonna eligible 1300 shares. You could do my thing.
It's awesome. That's a great example.
I mean, for people curious, maybe new people in the
audience, you know, it is a bull market.
So there are new, new folks like, you know, like this.
It's interesting what you can actually build like using NFTS.
We don't talk about NFTS anymore that much.
Yeah, we talk ordinals and stuff, but it's kind of become
the forgotten child of the space, which whatever.
But you know, there are some really cool things happening.
That's one of them, right? To be able to have, even if it's
a tiny bit like of equity in a broader company that you believe
in and push for three years, two years, one year, six months,
whatever you come in, even if you come in today, from now on,
you become like part of this movement, right?
So it's awesome. It's if you guys do it properly,
which you are, and if it works, it's actually going to push a
lot of people to just do it right away too.
And also it sets a precedent legally and clearly you're doing
it right with the SEC forms and everything, the form CES on
there. So it's like super bullish for
the industry in general, like if we have that one staple company
that manages to figure that out, right?
For for for everybody. So it's you absolutely love to
see. So make sure you check it out.
Rec drinks, rec brands show, show the boys some love and you
absolutely love to see it. Listen, we do have some guests
in the audience now and hang tight, hang tight because we're
actually going to pick the two winners to the robot spins after
that and we're to pick them from the audience directly just like
we did last time in that BL81. You may be the lucky winner of
one or two winners. So we're gonna have two people
come up on stage and and that was good.
That's great. I love what's going on.
There's a lot of stuff going on tomorrow.
I do want to talk more pack Tyler and everything that's
actually crazy. 4 air drops or five air drops in never the
thing just keeps on keeping on man, you absolutely love to see
that. And again, another $1,000,000
given. So shout out to the back moon
folks for for achieving what they have.
And so if your other conversation want to have like
meme coins raising capital from VCs like they're like like
companies and stuff. I'm super curious about this
whole thing and that also that that happened in the timeline
and if you think we'll.